Vikki Velasquez is a researcher and writer who has managed, coordinated, and directed various community and nonprofit organizations. She has conducted in-depth research on social and economic issues ...

“We’ve been paying into long-term-care insurance since we were in our mid-50s,” said a friend, now in her late 60s. “But with all of the premium increases, we might have been better off just investing ...

About 1 in 7 Americans will spend at least $100,000 out of pocket for long-term care. Health insurance generally doesn't cover long-term care services, and Medicare doesn't cover most expenses. Not ...

Forbes contributors publish independent expert analyses and insights. Steve Vernon, FSA, helps retirees make their money last for life. “Should I buy long-term care insurance?” I’m often asked this ...

If you think you’ve saved enough for retirement, you may not be thinking about long-term care. The long-term care industry serves people who cannot perform everyday activities, like dressing or eating ...

Most Americans think Medicare covers long-term care, the regimen of daily help that many seniors will eventually require. It does not. That basic misunderstanding has retirement experts worried. It ...

I often talk about “bucketing”—structuring a portfolio based on anticipated spending needs—in relation to overall retirement spending. Parking near-term spending needs in cash, intermediate-term ...

We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Myles is a former senior insurance editor for Investopedia. He oversaw the strategy ...

Long-term care insurance can help by covering some of the medical and support services that people with degenerative conditions, cognitive disorders or other long-term illnesses will need. Learn More: ...